Those on Medicare also automatically receive supplemental medical insurance
Indicate whether the statement is true or false
F
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If the output effect is larger than the price effect, an individual firm will __________ production
Fill in the blank(s) with correct word
A decrease in aggregate demand will have no effect on the real equilibrium GDP of the economy and will lower its price level in the long run.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. 
Figure 8.9
Refer to Figure 8.9. If this farmer is producing the profit-maximizing level of output, her profit is
A. $0. B. $1,000. C. $2,000. D. $3,000.
Use the following graph, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product, to answer the next question.
With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers respectively would be
A. w and y?w. B. w and z?w. C. x and z?x. D. v and z?v.